Restaurant Brands to buy largest US Burger King franchisee for $1B in effort to drive profits

17-1-2024 Business NY Post - Business 24

Burger King-owner Restaurant Brands International is acquiring the largest franchisee of the fast food chain, Carrols Restaurant Group, for $1 billion in cash. Toronto-based RBI announced on Tuesday that it reached an agreement to pay $9.55 per share for Carrols, which operates 1,022 Burger King restaurants across 23 states, plus 60 Popeyes locations in 60...

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